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Buying time : the delayed crisis of Democratic Capitalism / Wolfgang Streeck

By: Material type: TextTextPublication details: Verso Books, 2017.Edition: 2nd edDescription: 220 pISBN:
  • 9781781685488
Subject(s): DDC classification:
  • 23 330.122 STR
Summary: Buying Time examines the long-term crisis of democratic capitalism, arguing that the 2008 financial crisis was not an isolated event but the culmination of structural tensions that began in the 1970s. Streeck contends that advanced capitalist democracies repeatedly postponed economic and political crises through successive strategies—first inflation, then public debt, followed by private debt, and finally fiscal austerity. These measures delayed rather than resolved the underlying contradictions between capitalism and democracy.
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Holdings
Item type Current library Call number Status Notes Barcode
Prof. Romila Thapar's Collection SNU LIBRARY 330.122 STR (Browse shelf(Opens below)) Not For Loan Prof. Romila Thapar's Collection G4322
Total holds: 0

Buying Time examines the long-term crisis of democratic capitalism, arguing that the 2008 financial crisis was not an isolated event but the culmination of structural tensions that began in the 1970s. Streeck contends that advanced capitalist democracies repeatedly postponed economic and political crises through successive strategies—first inflation, then public debt, followed by private debt, and finally fiscal austerity. These measures delayed rather than resolved the underlying contradictions between capitalism and democracy.

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